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The Real Reason Oil Prices Crashed

Whose fault is the current…

Falling share prices

Oil Prices Could Fall Another 20%

Oil prices have tumbled as…

Energy / Oil Prices

Oil Interest Rates

Oil Falls Into $20 Range As The Fed Cuts Interest Rates To Zero

Mar 15, 2020 at 22:54 | Michael Kern

The Federal Reserve took yet another bold action on Sunday evening, announcing that the central bank would be slashing interest rates to zero percent. But the markets weren't impressed, with…


Yergin: No End In Sight For The Oil Price Crisis

Mar 13, 2020 at 09:02 | Irina Slav

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told media, as quoted by Reuters.…


Oil Crashes Again On U.S. Travel Ban

Mar 12, 2020 at 09:00 | Irina Slav

After a brief respite following reports of central bank economic stimuli in the United States and the UK, crude oil slumped once again after on Wednesday, President Donald Trump instituted…


U.S. Shale Collapse Will Lead To Higher Oil Prices

Mar 10, 2020 at 19:01 | Nick Cunningham

U.S. shale growth is about to decline, becoming an immediate victim of the Saudi-Russian price war. Saudi Aramco said that it would increase oil production to 12.3 million barrels per…


Oil Rebounds 9% After Historic Loss

Mar 10, 2020 at 10:59 | Tsvetana Paraskova

Hopes of economic stimulus amid the coronavirus outbreak helped oil prices to rebound on Tuesday and rise by 9 percent, recouping some of the massive losses from Monday, when prices…


Trump Prepares Aid Package To Relieve U.S. Oil Producers

Mar 09, 2020 at 18:37 | Julianne Geiger

The Trump Administration will review solutions to the pain felt by US oil producers as oil prices fall to multi-year lows on Monday, according to Bloomberg. Administration officials will…

Goldman Sachs

Goldman Sachs: Brent Oil Could Drop To $45 In April

Mar 04, 2020 at 10:54 | Tsvetana Paraskova

In the second downward revision of its oil price outlook in just one month, Goldman Sachs slashed again its estimates for 2020, noting that even deeper OPEC+ cuts and…

OPEC flag

Oil Prices Rise As Market Expects Large OPEC+ Cut

Mar 04, 2020 at 09:03 | Tsvetana Paraskova

Oil prices rose early on Wednesday as OPEC’s leader and top producer Saudi Arabia is looking to convince its key ally in the OPEC+ deal, Russia, to back a large…

oil field

Here’s Why Oil Prices Should Go Higher

Mar 03, 2020 at 17:03 | Arthur Berman

On February 11, I predicted that Coronavirus would crush oil prices. Prices collapsed on February 20. Today, prices have reversed and WTI price is $2.00 higher on expectations of an OPEC+…

Oil tanks LOOP

Oil Prices Climb As Traders Expect Action From OPEC

Mar 03, 2020 at 08:36 | Julianne Geiger

The oil markets are expecting yet again that OPEC will be the hero of oil prices, and this optimism has sent oil prices up 4% on Monday afternoon, and up…

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